HINKF - Heineken: Whether A New CEO Will Continue Track Record
Investment Thesis
After being CEO for 15 years, Jean François van Boxmeer stepped down from his role this year. Serving as Chief Executive Officer from 2005, he led Heineken through a period of extraordinary growth. During his tenure, Heineken delivered a total annual return of 7.8%. This shareholder total return compares favorably against the Dow Jones Industrial, the S&P 500 and the MSCI All Country World Index total returns of 5.7%, 5.9%, and 3.1%, respectively. In his shoes stepped in Dolf van den Brink, which needs to continue a superior performance but also copes